It seems from looking at their corporate numbers, NAGICO will have a difficult time covering airport damage claims of this magnitude. NAGICO is a small Caribbean insurance company with Equity of $100 million and Assets of $300 million (https://www.nagico.com/about-nagico/). The airport claims may make NAGICO insolvent.

For their next insurer, the airport might want to choose a large, out of the Caribbean insurer (note: Their new insurer is Guardian Group, also small and a Caribbean insurance company). Just sayin'